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UZODINMA HAPPY WITH REMOVAL OF OIL SUBSIDY, SAYS STATES NOW GET MORE MONEY
Governor Hope Uzodinma of Imo State has declared that state government are currently getting more funds under the President Bola Tinubu’s administration.
Uzodinma said the fuel subsidy removal is responsible for the current development.
Speaking during the inspection of some projects to celebrate the first year of his second term on Monday, the governor said the fuel subsidy removal is a blessing to state governments.
He said, “In reconciling the negative effects of the fuel subsidy removal and the benefits in terms of socio-infrastructure, social benefits, and then the ease of doing business occasioned by the provision of the enabling infrastructure, I think it is a blessing.
“It is a direct blessing, it is not a disguise to the sub-nationals because more monies are now coming to states and state governments must do things to show citizens that they are able to do these things because they now get more monies as a result of the fuel subsidy removal by the Federal Government.”
Tinubu had declared an end to fuel subsidy regime on May 29, 2023.
Speaking during his inauguration as president in Abuja, Tinubu said his administration would no longer pay the subsidy on fuel.
